Scantech (ASX:SCD) Debt-to-Equity : 0.15 (As of Jun. 2015)

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What is Scantech Debt-to-Equity?

Scantech's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was A$0.00 Mil. Scantech's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was A$2.00 Mil. Scantech's Total Stockholders Equity for the quarter that ended in Jun. 2015 was A$13.30 Mil. Scantech's debt to equity for the quarter that ended in Jun. 2015 was 0.15.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Scantech's Debt-to-Equity or its related term are showing as below:

ASX:SCD' s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0 Max: 0
Current: 0.15

ASX:SCD's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.28 vs ASX:SCD: 0.15

Scantech Debt-to-Equity Historical Data

The historical data trend for Scantech's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Scantech Debt-to-Equity Chart

Scantech Annual Data

Trend

Jun06

Jun07

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Debt-to-Equity

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0.19

0.20

0.16

0.15

Scantech Semi-Annual Data
	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Debt-to-Equity	Get a 7-Day Free Trial															0.16	-	0.16	-	0.15

Competitive Comparison of Scantech's Debt-to-Equity

For the Scientific & Technical Instruments subindustry, Scantech's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Scantech's Debt-to-Equity Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Scantech's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Scantech's Debt-to-Equity falls into.

Scantech Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Scantech's Debt to Equity Ratio for the fiscal year that ended in Jun. 2015 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	2)	/	13.299
	=	0.15

Scantech's Debt to Equity Ratio for the quarter that ended in Jun. 2015 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	2)	/	13.299
	=	0.15

Scantech (ASX:SCD) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Scantech Debt-to-Equity Related Terms

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Scantech (ASX:SCD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Scantech Ltd (ASX:SCD) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.scantech.com.au

Scantech Limited focuses on manufacture and marketing of scientific and industrial instruments principally for resource sector including cement, coal and mineral industries. It also provides consulting services to the coal industry and in-field support of scientific and instruments. The Company currently operates 930 systems installed in over 55 countries worldwide.